Flotek Industries Company Profile (NYSE:FTK)

About Flotek Industries (NYSE:FTK)

Flotek Industries logoFlotek Industries, Inc. is a technology-driven company. The Company develops and supplies chemistry and services to the oil and gas industries, and compounds to companies that make cleaning products, cosmetics, food and beverages, and other products that are sold in consumer and industrial markets. The Company operates through two segments: Energy Chemistry Technologies (ECT), and Consumer and Industrial Chemistry Technologies (CICT). The ECT segment designs, develops, manufactures, packages and markets chemistries for use in oil and gas well drilling, cementing, completion and stimulation activities. Its ECT segment's services include Reservoir Characterization, Polymer Conformance and Logistics Management. The CICT segment sources citrus oil domestically and internationally, and processor of citrus oils in the world. The CICT segment designs, develops and manufactures products that are sold to companies in the flavor and fragrance industries and specialty chemical industry.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Equipment & Services
  • Sub-Industry: Specialty Chemicals
  • Symbol: NYSE:FTK
  • CUSIP: 34338910
  • Web: www.flotekind.com
Capitalization:
  • Market Cap: $601.17 million
  • Outstanding Shares: 57,254,000
Average Prices:
  • 50 Day Moving Avg: $11.48
  • 200 Day Moving Avg: $11.43
  • 52 Week Range: $8.86 - $16.93
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.61
  • P/E Growth: 3.40
Sales & Book Value:
  • Annual Revenue: $278.97 million
  • Price / Sales: 2.15
  • Book Value: $4.89 per share
  • Price / Book: 2.15
Profitability:
  • EBIDTA: $3.1 million
  • Net Margins: -17.01%
  • Return on Equity: -4.80%
  • Return on Assets: -3.59%
Debt:
  • Debt-to-Equity Ratio: 0.03%
  • Current Ratio: 2.07%
  • Quick Ratio: 1.43%
Misc:
  • Average Volume: 842,063 shs.
  • Beta: 1.57
  • Short Ratio: 15.31
 

Frequently Asked Questions for Flotek Industries (NYSE:FTK)

What is Flotek Industries' stock symbol?

Flotek Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTK."

How were Flotek Industries' earnings last quarter?

Flotek Industries Inc (NYSE:FTK) announced its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.01. The company earned $80 million during the quarter, compared to analysts' expectations of $78.85 million. Flotek Industries had a negative net margin of 17.01% and a negative return on equity of 4.80%. The business's revenue was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.08) EPS. View Flotek Industries' Earnings History.

Who are some of Flotek Industries' key competitors?

Who owns Flotek Industries stock?

Flotek Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.86%), Vanguard Group Inc. (8.57%), Barrow Hanley Mewhinney & Strauss LLC (4.57%), Northpointe Capital LLC (2.66%), GW&K Investment Management LLC (2.23%) and State Street Corp (2.19%). Company insiders that own Flotek Industries stock include Carla S Hardy, John Reiland, Joshua A Snively, Kenneth Hern, L Melvin Cooper, Robert M Schmitz and Steven A Reeves. View Institutional Ownership Trends for Flotek Industries.

Who sold Flotek Industries stock? Who is selling Flotek Industries stock?

Flotek Industries' stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Bank of New York Mellon Corp, Stephens Investment Management Group LLC, Barrow Hanley Mewhinney & Strauss LLC, Ameriprise Financial Inc., JPMorgan Chase & Co., Dimensional Fund Advisors LP and Morgan Stanley. Company insiders that have sold Flotek Industries stock in the last year include John Reiland, Kenneth Hern and L Melvin Cooper. View Insider Buying and Selling for Flotek Industries.

Who bought Flotek Industries stock? Who is buying Flotek Industries stock?

Flotek Industries' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Frontier Capital Management Co. LLC, Stifel Financial Corp, Vanguard Group Inc., Pioneer Investment Management Inc., Summit Partners Public Asset Management LLC, State Street Corp and NBW Capital LLC. View Insider Buying and Selling for Flotek Industries.

How do I buy Flotek Industries stock?

Shares of Flotek Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Flotek Industries stock cost?

One share of Flotek Industries stock can currently be purchased for approximately $10.50.

Analyst Ratings

Consensus Ratings for Flotek Industries (NYSE:FTK) (?)
Ratings Breakdown: 1 Strong Buy Rating
Consensus Rating:Strong Buy (Score: 4.00)
Consensus Price Target: N/A

Analysts' Ratings History for Flotek Industries (NYSE:FTK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/15/2016StephensReiterated RatingTop PickN/AView Rating Details
5/9/2016Seaport Global SecuritiesUpgradeSpeculative Buy -> BuyN/AView Rating Details
1/20/2016Citigroup IncUpgradeAccumulate -> Buy$10.00 -> $8.00N/AView Rating Details
12/14/2015KLR GroupInitiated CoverageBuy$14.50N/AView Rating Details
11/11/2015Oppenheimer Holdings Inc.Reiterated RatingHoldN/AView Rating Details
11/11/2015Iberia CapitalLower Price Target$5.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Flotek Industries (NYSE:FTK)
Earnings by Quarter for Flotek Industries (NYSE:FTK)
Earnings History by Quarter for Flotek Industries (NYSE:FTK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017($0.02)($0.01)$78.85 million$80.00 millionViewListenView Earnings Details
11/2/2016Q316($0.02)($0.05)$78.10 million$73.70 millionViewN/AView Earnings Details
7/26/2016Q216($0.10)($0.04)$65.00 million$72.32 millionViewN/AView Earnings Details
5/3/2016Q1($0.05)($0.08)$70.50 million$72.20 millionViewN/AView Earnings Details
1/27/2016Q415$0.01($0.03)$86.13 million$77.00 millionViewListenView Earnings Details
10/21/2015Q315$0.05$0.04$92.77 million$87.90 millionViewListenView Earnings Details
7/22/2015Q215($0.04)($0.02)$69.08 million$87.00 millionViewListenView Earnings Details
4/22/2015Q115$0.18($0.03)$103.33 million$82.37 millionViewN/AView Earnings Details
1/27/2015Q414$0.29$0.29$121.31 million$124.50 millionViewN/AView Earnings Details
10/22/2014Q314$0.24$0.26$115.20 million$116.80 millionViewN/AView Earnings Details
8/6/2014Q214$0.24$0.20$108.08 million$105.30 millionViewN/AView Earnings Details
4/28/2014Q114$0.22$0.22$102.98 million$102.60 millionViewN/AView Earnings Details
2/10/2014Q413$0.18$0.20$100.00 million$100.80 millionViewN/AView Earnings Details
11/6/2013Q313$0.18$0.16$100.52 million$98.40 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.19$0.16$91.37 million$93.60 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.17$0.15$79.13 million$78.20 millionViewN/AView Earnings Details
3/13/2013Q4 2012$0.17$0.44$77.90 million$76.70 millionViewN/AView Earnings Details
11/7/2012Q312$0.21$0.28$83.32 million$78.60 millionViewN/AView Earnings Details
8/8/2012$0.18$0.25ViewN/AView Earnings Details
5/9/2012$0.18$0.07ViewN/AView Earnings Details
3/7/2012$0.15$0.20ViewN/AView Earnings Details
11/9/2011$0.09$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Flotek Industries (NYSE:FTK)
2017 EPS Consensus Estimate: $0.41
2018 EPS Consensus Estimate: $1.05
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.01)$0.10$0.05
Q2 20173$0.03$0.12$0.08
Q3 20173$0.10$0.15$0.13
Q4 20173$0.13$0.17$0.16
Q1 20181$0.21$0.21$0.21
Q2 20181$0.24$0.24$0.24
Q3 20181$0.28$0.28$0.28
Q4 20181$0.32$0.32$0.32
Q1 20191$0.33$0.33$0.33
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Flotek Industries (NYSE:FTK)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Flotek Industries (NYSE:FTK)
Insider Ownership Percentage: 5.64%
Institutional Ownership Percentage: 99.62%
Insider Trades by Quarter for Flotek Industries (NYSE:FTK)
Institutional Ownership by Quarter for Flotek Industries (NYSE:FTK)
Insider Trades by Quarter for Flotek Industries (NYSE:FTK)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/15/2017Kenneth HernDirectorSell15,000$11.60$174,000.00View SEC Filing  
2/22/2017John ReilandDirectorSell15,000$12.73$190,950.00View SEC Filing  
9/6/2016L Melvin CooperDirectorSell10,000$16.01$160,100.00View SEC Filing  
1/14/2016Carla S HardyDirectorSell2,794$7.85$21,932.90View SEC Filing  
11/17/2015Robert M SchmitzCFOBuy12,200$9.76$119,072.00View SEC Filing  
11/4/2015John ReilandDirectorSell4,380$19.21$84,139.80View SEC Filing  
10/5/2015Joshua A SnivelyEVPSell30,000$17.77$533,100.00View SEC Filing  
9/14/2015Steven A ReevesVPSell41,934$18.84$790,036.56View SEC Filing  
8/19/2015Kenneth HernDirectorSell4,000$17.51$70,040.00View SEC Filing  
4/13/2015Carla S HardyDirectorSell40,500$17.03$689,715.00View SEC Filing  
2/25/2015Steven A ReevesVPSell9,850$18.00$177,300.00View SEC Filing  
2/9/2015John ReilandDirectorSell10,000$17.53$175,300.00View SEC Filing  
2/5/2015Steven A ReevesVPSell19,840$17.10$339,264.00View SEC Filing  
12/15/2014H. Richard WaltonCFOBuy3,000$16.37$49,110.00View SEC Filing  
11/21/2014John ChisholmCEOSell50,000$23.09$1,154,500.00View SEC Filing  
11/7/2014Joshua A SnivelyEVPSell30,000$22.53$675,900.00View SEC Filing  
10/13/2014Carla S HardyDirectorSell104,000$20.36$2,117,440.00View SEC Filing  
9/8/2014Kenneth HernDirectorSell3,000$26.32$78,960.00View SEC Filing  
5/28/2014John ReilandDirectorSell8,000$28.78$230,240.00View SEC Filing  
5/27/2014Carla S HardyDirectorSell65,000$27.74$1,803,100.00View SEC Filing  
5/19/2014Carla HardyDirectorSell110,000$27.35$3,008,500.00View SEC Filing  
5/16/2014Lv McguireDirectorSell7,000$27.33$191,310.00View SEC Filing  
4/14/2014John ChisholmCEOSell20,000$29.12$582,400.00View SEC Filing  
3/4/2014Steven ReevesVPSell50,000$26.66$1,333,000.00View SEC Filing  
2/4/2014John ChisholmCEOSell50,000$20.91$1,045,500.00View SEC Filing  
1/7/2014John ChisholmCEOSell40,000$19.37$774,800.00View SEC Filing  
12/23/2013Carla S HardyDirectorSell87,500$19.83$1,735,125.00View SEC Filing  
10/28/2013John ChisholmCEOSell13,000$22.39$291,070.00View SEC Filing  
8/23/2013L Melvin CooperDirectorSell5,000$20.05$100,250.00View SEC Filing  
8/15/2013John ChisholmCEOSell50,000$18.91$945,500.00View SEC Filing  
8/15/2013Marc Kevin FisherEVPSell15,000$19.03$285,450.00View SEC Filing  
8/13/2013John ReilandDirectorSell3,600$19.20$69,120.00View SEC Filing  
6/17/2013John ChisholmCEOSell50,000$17.56$878,000.00View SEC Filing  
6/13/2013John ReilandDirectorSell3,000$17.50$52,500.00View SEC Filing  
6/6/2013Marc Kevin FisherEVPSell3,150$17.74$55,881.00View SEC Filing  
5/14/2013John ReilandDirectorSell19,626$16.83$330,305.58View SEC Filing  
5/14/2013Marc Kevin FisherEVPSell6,000$16.84$101,040.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Flotek Industries (NYSE:FTK)
Latest Headlines for Flotek Industries (NYSE:FTK)
Source:
DateHeadline
seekingalpha.com logoFlotek Industries (FTK) Presents At Stephens Energy Executive Summit - Slideshow
seekingalpha.com - May 22 at 4:55 PM
finance.yahoo.com logoFlotek Industries, Inc. Releases Material Customer Trend And Product Information
finance.yahoo.com - May 16 at 11:40 AM
americanbankingnews.com logoFlotek Industries Inc (FTK) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - May 8 at 8:30 PM
americanbankingnews.com logoSeaport Global Securities Weighs in on Flotek Industries Inc's Q3 2017 Earnings (FTK)
www.americanbankingnews.com - May 8 at 8:59 AM
finance.yahoo.com logoEdited Transcript of FTK earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 5 at 10:33 PM
finance.yahoo.com logoFlotek Industries, Inc. breached its 50 day moving average in a Bullish Manner : FTK-US : May 4, 2017
finance.yahoo.com - May 5 at 5:31 PM
finance.yahoo.com logoFlotek Industries, Inc. – Value Analysis (NYSE:FTK) : May 5, 2017
finance.yahoo.com - May 5 at 5:31 PM
fool.com logoShares of Flotek Industries Crash 13% on Disappointing Earnings
www.fool.com - May 4 at 2:41 PM
nasdaq.com logoMid-Morning Market Update: Markets Edge Lower; Viacom Beats Q2 Expectations
www.nasdaq.com - May 4 at 12:15 PM
cnbc.com logoFlotek Industries reports 1Q loss
www.cnbc.com - May 4 at 12:15 PM
finance.yahoo.com logoHouston energy tech co. sells business segment to National Oilwell Varco
finance.yahoo.com - May 3 at 5:07 PM
finance.yahoo.com logoFlotek Industries, Inc. Announces First Quarter 2017 Results And Conference Call Information
finance.yahoo.com - May 3 at 5:07 PM
americanbankingnews.com logoFlotek Industries (FTK) Getting Somewhat Critical Press Coverage, Report Finds
www.americanbankingnews.com - May 3 at 9:28 AM
finance.yahoo.com logoFlotek Chemist Recognized For Contributions To Surfactant Chemistry With Samuel Rosen Memorial Award
finance.yahoo.com - May 2 at 7:54 PM
finance.yahoo.com logoFlotek Industries, Inc. Announces Agreement To Divest Drilling Technologies Segment
finance.yahoo.com - May 2 at 7:54 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Very Likely to Affect Flotek Industries (FTK) Share Price
www.americanbankingnews.com - April 30 at 6:04 PM
marketwatch.com logoFlotek Industries Announces First Quarter 2017 Results Reporting Schedule
www.marketwatch.com - April 27 at 5:53 PM
americanbankingnews.com logoFlotek Industries (FTK) Given Daily Coverage Optimism Rating of 0.28
www.americanbankingnews.com - April 27 at 1:08 AM
finance.yahoo.com logoFlotek Appoints Danielle Allen To Lead Global Communications, Marketing And Technology Commercialization
finance.yahoo.com - April 25 at 11:17 AM
americanbankingnews.com logoPositive Press Coverage Very Likely to Impact Flotek Industries (FTK) Stock Price
www.americanbankingnews.com - April 22 at 9:35 AM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Affect Flotek Industries (FTK) Share Price
www.americanbankingnews.com - April 19 at 8:05 AM
americanbankingnews.com logoFlotek Industries Inc (FTK) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:16 PM
americanbankingnews.com logoFlotek Industries (FTK) Earns Daily News Sentiment Score of 0.31
www.americanbankingnews.com - April 15 at 11:45 AM
finance.yahoo.com logoFlotek Industries, Inc. breached its 50 day moving average in a Bearish Manner : FTK-US : April 14, 2017
finance.yahoo.com - April 14 at 10:01 AM
finance.yahoo.com logoWhere Superior Energy Stands amid the US Rig Count in 1Q17
finance.yahoo.com - April 13 at 10:54 AM
seekingalpha.com logoFlotek Industries (FTK) Presents At IPAA 23rd Annual Oil & Gas Investment Symposium - Slideshow
seekingalpha.com - April 7 at 9:53 AM
finance.yahoo.com logoFederal Court Dismisses Lawsuit Against Flotek
finance.yahoo.com - April 7 at 9:53 AM
us.rd.yahoo.com logoBest Oilfield Services Stocks in 1Q17 by Returns
us.rd.yahoo.com - April 3 at 5:33 PM
seekingalpha.com logoFlotek Industries (FTK) Presents At Scotia Howard Weil 45th Annual Energy Conference - Slideshow
seekingalpha.com - March 30 at 5:45 PM
finance.yahoo.com logoFlotek Industries CEO to Present at IPAA's Oil & Gas Investment Symposium
finance.yahoo.com - March 30 at 5:45 PM
finance.yahoo.com logoFlotek Industries CEO to Present at Young Jewish Presidents' CEO Forum
finance.yahoo.com - March 28 at 11:44 AM
finance.yahoo.com logoFlotek Industries CEO to Present at Scotia Howard Weil Energy Conference
finance.yahoo.com - March 24 at 8:46 AM
biz.yahoo.com logoFLOTEK INDUSTRIES INC/CN/ Files SEC form 8-K/A, Change in Directors or Principal Officers
biz.yahoo.com - March 23 at 5:49 PM
finance.yahoo.com logoBaron Funds Comments on Flotek Industries
finance.yahoo.com - March 16 at 6:37 PM
finance.yahoo.com logoFlotek Industries CEO to Present at EnerCom's The Oil & Gas Conference®
finance.yahoo.com - March 1 at 5:00 PM
us.rd.yahoo.com logoHow Flotek Industries Is Valued versus Peer Stocks
us.rd.yahoo.com - March 1 at 12:23 PM
us.rd.yahoo.com logoIs Flotek Industries’ Debt Rising?
us.rd.yahoo.com - February 28 at 5:29 PM
us.rd.yahoo.com logoFlotek Appoints Matt Marietta To Lead Investor Relations And Corporate Development
us.rd.yahoo.com - February 27 at 7:11 PM
nasdaq.com logoCan The Uptrend Continue for Flotek Industries (FTK)? - Nasdaq
www.nasdaq.com - February 24 at 11:09 AM
finance.yahoo.com logoCan The Uptrend Continue for Flotek Industries (FTK)?
finance.yahoo.com - February 24 at 11:09 AM
biz.yahoo.com logoFLOTEK INDUSTRIES INC/CN/ Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh
biz.yahoo.com - February 17 at 8:56 AM
finance.yahoo.com logoFLOTEK INDUSTRIES INC/CN/ Financials
finance.yahoo.com - February 14 at 6:24 PM
seekingalpha.com logoFlotek Industries' (FTK) CEO John Chisholm on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 10:57 PM
bizjournals.com logoHouston energy tech co. to divest business segments
www.bizjournals.com - February 10 at 5:57 PM
fool.com logoFlotek Industries Earnings Missed Expectations, Shares Surged Anyway
www.fool.com - February 10 at 8:55 AM
nasdaq.com logoMid-Morning Market Update: Markets Open Higher; Twitter Q4 Sales Miss Expectations
www.nasdaq.com - February 9 at 11:01 PM
biz.yahoo.com logoFLOTEK INDUSTRIES INC/CN/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and
biz.yahoo.com - February 9 at 5:59 PM
biz.yahoo.com logoQ4 2016 Flotek Industries Inc Earnings Release - After Market Close
biz.yahoo.com - February 8 at 5:51 PM
finance.yahoo.com logoFlotek Industries, Inc. Announces 2016 Financial And Operating Results And Conference Call Information
finance.yahoo.com - February 8 at 5:51 PM
biz.yahoo.com logoFLOTEK INDUSTRIES INC/CN/ Files SEC form 10-K, Annual Report
biz.yahoo.com - February 8 at 5:51 PM

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Chart

Flotek Industries (FTK) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff